TRSMarkets is a new unregulated & unlicensed CFD broker that opened in August 2020. Their official website is located at: https://TRSMarkets.com/.
For withdrawal problems or complaints, read this.
TRSMarkets Review
Day Traders and Investors at TRSMarkets are offer a simple web-based CFD trading platform called Status, which is very user friendly and easy to use. Also available is the standard MT4 desktop trading platform for download. Mobile apps are the default MT4 Android & Apple apps.
A wide range of underlying assets are available for CFD trading including; Major Forex Pairs, Minor Forex Pairs, Crypto Currencies, Metals, Commodities, Indices, and Global Stocks. The minimum deposit for a trading account at TRSMarkets is $150, and they use a variety of payment processors.
Like most people reading this review, we found this broker because we signed up for the Bitcoin Gemini trading app. You should really take a few minutes to learn more about algorithm trading apps, see here.
A quick look at the Account Types page shows some interesting things.
- We see that this broker offers “Wireless Trading”. We have no idea what that could possibly be. If you know, please post a comment.
- Bonus of 10% – 100%. Before accepting a bonus, always read the terms and conditions, because it can lead to problems when it comes time to withdraw your money.
Is TRSMarkets a Regulated Broker?
No, TRSMarkets is not a regulated broker, and they are not licensed by the FCA.
TRSM Ltd, is actually just a shelf corporation that is registered in the United Kingdom. The address they list on their website; 30 Saint Mary Axe, London, England, EC3A 8BF, is missing the suite / office number. The Gherkin is a massive skyscraper in downtown London. Contact phone number for TRSMarkets is United Kingdom +442038857271 or Kazakhstan +74950327381. Contact email address is: [email protected].
When the Scam Broker Investigator reviews a new broker to see if they are a scam broker or a legitimate broker, we check for a license from any of the government financial regulators. Using a local brokerage firm, that is licensed in your country ensures that you will not have problems withdrawing your profits. Brokers in Australia must have a license from ASIC, while brokers in United Kingdom must be licensed and regulated by the FCA.
Compare Regulated Brokers
New investors looking for a good online broker have many brokers to choose from. An experienced Forex trader, will always have multiple trading accounts at different brokers, which they use depending on market conditions.
ForTrade is a very popular CFD broker, that is regulated in Canada, Europe and Australia, see here.
Try a Free Demo on their amazing trading platforms, signup here.
If you are currently investing at TRSMarkets, please share your experience using this broker with others, in the comments below.